Whitehelm Caital appoints CEO

The company formed out of the merger of Challenger Limited's infrastructure division and Access Capital, Whitehelm Capital, has appointed Gary Withers as chief executive officer.

Whitehelm Capital chairperson, Janet Torney confirmed Withers' appointment today saying he had extensive global funds management experience internationally and the skills and relationships to benefit the firm's future international opportunities and partnerships.

Withers was recruited from First State Investments in the UK where he was Chief Executive Officer after earlier having held CEO roles at Credit Suisse Asset Management and AVIVA Life.

He will take up his position with Whitehelm on 4 August and will initially be based in Sydney.

Whitehelm was formed in mid-April and recently finalised its first transaction, a stake in a solar plant in Peru with a total project cost of US$200 million.

The company said that once Withers took up his appointment, interim chief executive, and Chief Investment Officer, Graham Matthews would resume his responsibilities as CIO.



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